205 S Elizabeth RoadSpokaneWA99212
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Spokane at 205 S Elizabeth Road, Spokane, WA, 99212 at $635,000 posts ROI 10.53% with from $2,158/mo rent. Total monthly income equals $2,158/mo. Return on cash invested measures 10.53% and rental yield reads 4.08% at the current $635,000. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 by year five. Five-year ROI prints 52.28% and total cumulative return in cash totals $109,220. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,158/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1951
7,618 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99212, Spokane, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,158 (100%) |
| Owner Occupied HU | 6,726 (66.2%) |
| Renter Occupied HU | 2,833 (27.9%) |
| Vacant Housing Units | 599 ( 5.9%) |
| Median Home Value | $411,760 |
| Average Home Value | $459,589 |
Housing Distribution
Address Breakdown
Residential
9,187
Single Family
7,990
Multi-Family
1,197
Businesses
991
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Listed by: Max Frame • Kidder Mathews
Mls Name: NWMLS
Mls ID: #2372432